The spear is the basic, definitive weapon within its category. A little stronger and heavier than the javelin, this two-handed weapon's effectiveness in combat and it's chance to hit when thrown are modified by the Spear skill.
While the northern spear, the Kaumolais spear* and the ango all have slightly higher Point ratings, none of these seem to be available in anything other than standard quality. Therefore, a masterwork spear is likely to be the 'best' spear in terms of damage potential.
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The spear has a long wooden shaft and blade specially designed for melee combat.
* I have found multiple fine Kaumolais spears, but no masterworks.